Chewning Eric D. 4

What Happened
Eric D. Chewning, EVP, Maritime Systems & Corporate Strategy at Huntington Ingalls Industries (HII), was credited with 10.26 dividend-equivalent restricted stock rights on June 12, 2026. The Form 4 reports this as an award/acquisition (derivative) at $0.00 per share (total reported value $0). The underlying instrument is a Restricted Stock Right (RSR) granted under HII’s 2022 Long-Term Incentive Stock Plan (LTISP).

Key Details

• Transaction date: 2026-06-12; Form 4 filed: 2026-06-15 (filing appears timely).
• Transaction type/code: A (award/acquisition) — derivative/security-based grant.
• Amount: 10.26 dividend-equivalent rights; price: $0.00; reported total value: $0.
• Shares owned after transaction: not specified in the excerpt provided.
• Footnotes:
  • F1 — Each RSR is a contingent right to receive an equivalent number of common shares (or cash/combination at the committee’s discretion); RSRs vest in three equal annual installments from grant date.
  • F2 — The 10.26 reflects dividend-equivalent rights credited following the company’s quarterly cash dividend; the number is calculated by dividing the aggregate dividend on the RSRs by the closing stock price on the dividend payment date.
• No tax-withholding or sale noted in this filing.

Context
This was not a purchase or sale of open-market shares but a dividend-equivalent credit to existing long-term incentive awards. Such credits are routine administrative adjustments tied to dividend payments and do not necessarily indicate insider buying or selling sentiment.